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Greentech Energy (COL:MEL.N0000) Interest Coverage : 0 (At Loss) (As of . 20)


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What is Greentech Energy Interest Coverage?

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. Greentech Energy's Operating Income for the three months ended in . 20 was රු0.00 Mil. Greentech Energy's Interest Expense for the three months ended in . 20 was රු0.00 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

(1) Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

The historical rank and industry rank for Greentech Energy's Interest Coverage or its related term are showing as below:


COL:MEL.N0000's Interest Coverage is not ranked *
in the Utilities - Regulated industry.
Industry Median: 3.87
* Ranked among companies with meaningful Interest Coverage only.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Greentech Energy Interest Coverage Historical Data

The historical data trend for Greentech Energy's Interest Coverage can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

* Premium members only.

Greentech Energy Interest Coverage Chart

Greentech Energy Annual Data
Trend
Interest Coverage

Greentech Energy Quarterly Data
Interest Coverage

Competitive Comparison of Greentech Energy's Interest Coverage

For the Utilities - Regulated Electric subindustry, Greentech Energy's Interest Coverage, along with its competitors' market caps and Interest Coverage data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Greentech Energy's Interest Coverage Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Greentech Energy's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Greentech Energy's Interest Coverage falls into.



Greentech Energy Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Greentech Energy's Interest Coverage for the fiscal year that ended in . 20 is calculated as

Here, for the fiscal year that ended in . 20, Greentech Energy's Interest Expense was රු0.00 Mil. Its Operating Income was රු0.00 Mil. And its Long-Term Debt & Capital Lease Obligation was රු0.00 Mil.

Greentech Energy had no debt (1).

Greentech Energy's Interest Coverage for the quarter that ended in . 20 is calculated as

Here, for the three months ended in . 20, Greentech Energy's Interest Expense was රු0.00 Mil. Its Operating Income was රු0.00 Mil. And its Long-Term Debt & Capital Lease Obligation was රු0.00 Mil.

Greentech Energy had no debt (1).

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The higher the ratio, the stronger the company's Financial Strength is.


Greentech Energy  (COL:MEL.N0000) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


Greentech Energy Interest Coverage Related Terms

Thank you for viewing the detailed overview of Greentech Energy's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


Greentech Energy (COL:MEL.N0000) Business Description

Traded in Other Exchanges
N/A
Address
No. 157 D, Sri Saddarma Mawatha, Colombo, LKA, 10
Mackwoods Energy PLC is a Sri Lanka based company. The company is engaged in providing provision of energy solutions covering a wide products and services. The company offers an array of power solutions from India, Europe, and China. It operates the Labookellie Mini Hydro Power Plant. The company's parent undertaking is Mackwoods (Pvt) Ltd, which is a member of the Mackwoods Group of Companies. Mjority of its revenue is earned from the Sri Lankan market.

Greentech Energy (COL:MEL.N0000) Headlines

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